Ontario, Calif. — CalBay Development has acquired two retail assets in Ontario totaling $5.8 million.
Houston — EDGE Realty Capital Markets has arranged the sale of Cullen Plaza, an 84,717-square-foot shopping center in Houston.
Mooresville, N.C. — Lowe’s Cos. Inc. (NYSE: LOW) has announced it will close all 99 of its Orchard Supply Hardware stores by February 1.
Plano, Texas — CAVA Group Inc., a privately held restaurant group specializing in Mediterranean cuisine, will acquire Zoës Kitchen for approximately $300 million.
Chandler, Ariz. — SRS Real Estate Partners has arranged the $14.7 million sale of Laguna Village, a neighborhood shopping center located in Chandler.
Lexington, Ky. — NAI Isaac has arranged the $8.5 million sale of Stonewall Shopping Center, a 79,142-square-foot retail center in Lexington.
New York — Two former Eastern Consolidated principals have launched a commercial division at Compass in the firm’s New York metropolitan region.
Bowling Green, Ohio, and Grandville, Mich. — RCG Ventures has acquired Shoppes On South Main in Bowling Green and Grandville Marketplace in Grandville.
Grand Rapids, Mich. — PREIT is underway on an extensive redevelopment of the 1.1 million-square-foot Woodland Mall in Grand Rapids.
Benton, Ark. — GBT Realty Corp. has signed six new tenants to The Shoppes of Benton, a 170,000-square-foot shopping center in Benton, located 25 miles southwest of Little Rock.